Showing 1 - 10 of 752
Utilising a unique data set with annual accounts from around 37,000 Danish non-financial firms spanning one and a half decade or so, we offer microeconometric evidence on bankfirm relationships and the performance of non-financial firms during the financial crisis 2008-09. Two major conclusions...
Persistent link: https://www.econbiz.de/10009301082
engagement in commerce and finance; legal development of bankruptcy procedures; economic strategies against failure and scandal …
Persistent link: https://www.econbiz.de/10013134679
We investigate the propagation of contagion through banks' balance sheets in a two-country model. We simulate an increase in non-performing loans in one bank, and study the effects on other banks and the macro economy of each country. We show that credit crunches destabilize each economy in the...
Persistent link: https://www.econbiz.de/10013119825
Purpose of the paper: To test whether the qualitative variables regarding the territory and/or the firm-territory relationship can improve the accuracy rates of small enterprise business failure prediction models.Methodology: We applied logistic regression to a sample of 736 Italian small...
Persistent link: https://www.econbiz.de/10013071351
This study empirically analyzes the effect that the bankruptcy law has based on the firm's financial situation. In … those financially distressed firms and those filing for bankruptcy …
Persistent link: https://www.econbiz.de/10013157232
Objective – This study aims to examine and analyze the influence of severity, free assets, company size, asset retrenchment and CEO expertise on the success of recovery companies experiencing financial distress that are listed on the Indonesian Stock Exchange (IDX). Methodology/Technique –...
Persistent link: https://www.econbiz.de/10012908865
We investigate the takeover strategies of high default risk acquirers and their value impact. We find that these bidders select bigger, less profitable and unrelated targets, pursue transactions during recessions, and pay with shares by offering target shareholders high premiums. Their long-term...
Persistent link: https://www.econbiz.de/10012894337
This study acknowledges the diversity between micro, small and medium-sized firms while predicting bankruptcy and … bankruptcy, while factors affecting their financial distress are mostly invariant. Magnitude of significant covariates changes …
Persistent link: https://www.econbiz.de/10012937094
After highlighting the importance of small companies to the UK economy, new archival evidence is provided from an exploratory study which investigates the financing and failure of 21,147 UK single owner-managed (OM) corporate start-ups. Relative to comparable US survey evidence, UK OM corporate...
Persistent link: https://www.econbiz.de/10012971416
This study examines whether IT resources and capabilities affect the risk of bankruptcy of SMEs. Drawing on previous … literature on bankruptcy and the resource-based view of the firm (RBV), we offer conclusive evidence of the influence of IT … resources on financial health, as measured by the odds of filing for bankruptcy within a certain period of time. Flexibility …
Persistent link: https://www.econbiz.de/10012858689